National load tender volumes (OTVI.USA) ended July and moved into August with positive numbers, posting a 208 basis points (bps) gain.
This is the second week in a row where 2019 load volumes finished higher year-over-year compared with 2018. It is also the first week the 60-day moving average moved above 2018 levels, signaling a consistent move upwards in load volumes, rather than a short-term burst of activity.